05-01-2020, 04:23 PM
(05-01-2020, 12:44 PM)Eric the Green Wrote: My solar panels cost almost $14,000, and I got more than $4000 as a credit, reducing my tax bill this year by that amount. You have to have at least that much in taxes due otherwise in order to take the credit, though; which I did this past year.
I've been sorely tempted by solar panels; they have a good payback time even without the tax credit. In Massachusetts, though, I worry about the effect on roof leakage, especially in the winter when ice dams can form.
Musk's approach of having the roof tiles actually be the solar panels ultimately seems like the way to go, but right now that's much more expensive.